Give the solution in each letter:a. How much is the total net revenue?b. How much is the total net profit from the operation?c. How much is the total gross profit?d. How much is ?the total cost of goods sold Statement of Comprehensive IncomeParticularsAmountNet Sales6,58,000Less: Cost of goods soldBeginning InventoryAdd: PurchasesAdd: Freight inLess: Purchase Returns & AllowancesLess: Purchase DiscountLess: Ending InventoryGross ProfitLess: ExpensesSelling ExpensesGeneral ExpensesSalaries ExpensesRent ExpenseNet profit from Operation1,00,0006,98,0003,000-10,000-3,400-2,71,4005,16,2001,41,8004,00012,00020,0004,00040,0001,01,800

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Give the solution in each letter: a. How much is the total net revenue? b. How much is the total net profit from the operation? c. How much is the total gross profit?

College Accounting (Book Only): A Career Approach

13th Edition

ISBN:9781337280570

Author:Scott, Cathy J.

Publisher:Scott, Cathy J.

Chapter12: Financial Statements, Closing Entries, And Reversing Entries

Section: Chapter Questions

Problem 3E: Identify each of the following items relating to sections of an income statement as Revenue from...

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Give the solution in each letter:

a. How much is the total net revenue?

b. How much is the total net profit from the operation?

c. How much is the total gross profit?

d. How much is ?the total

cost of goods sold

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